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Podcast: News For Reasonable People
Episode: Portland’s MASSIVE Downtown Real Estate Fire Sales Will Hasten Millions in Property Tax Losses
Description: Downtown Portland is facing a historic downturn. As fire sales sweep through the city’s commercial real estate market, property values are plummeting — and so are tax revenues. In this video, we break down why buildings like the iconic U.S. Bancorp Tower are selling at a fraction of their former value and what this means for Portland’s budget, public services, and future.